2020 Chevy Equinox $172/mo ZERO down

Rose95

I'm finding this deal hard to believe. My zip is 19055

Anyone see a catch here?

MSRP $27k. $172/mo 10/39 with ZERO down!!??

2020 CHEVROLET EQUINOX
*STK#2000093 MSRP $27,495. 39 MONTH LEASE WITH $0 DOWN, $0 SECURITY DEPOSIT, BANK FEE INCLUDED. $0 TOTAL DUE AT SIGNING. LEASE INCLUDES $600 GM SELECT MARKET INCREMENTAL CCR, GM EMPLOYEE PRICING FOR EVERYONE LEASE PROGRAM, $1000 GM SELECT MARKET INCREMENTAL CCR & $1500 GM COMPETITIVE LESSEE PROGRAM. TOP/TTL COST/LEV ($6708, $6708, $16521) 10K MILES PER YEAR. MUST QUALIFY FOR ALL REBATES. SEE DEALER FOR DETAILS. INCLUDES ALL REBATES. TAX, TAGS AND FEES ADDITIONAL. OFFERS REQUIRE APPROVED CREDIT. OFFER REQUIRES LEASE THROUGH DESIGNATED LENDER. RESIDENCY RESTRICTIONS APPLY. PICTURES ARE FOR ILLUSTRATION PURPOSES ONLY, ACTUAL VEHICLE MAY VARY. OFFERS EXPIRE 12/31/19.

Rose95

It does say. "must qualify for all
Rebates "

$600 GM SELECT MARKET INCREMENTAL CCR, GM EMPLOYEE PRICING FOR EVERYONE LEASE PROGRAM, $1000 GM SELECT MARKET INCREMENTAL CCR & $1500 GM COMPETITIVE LESSEE PROGRAM

Not sure what they all mean except the employee pricing.

adamcar

Tax and dealer fees will add about $2,000 give or take depending on your state. So that is about an extra $52 per month. Definitely possible to get a base Nox this cheap if you have a competitor lease.

Rose95

Isn't the only other dealer fee the Doc Fee?
Ad says Bank fee and security deposit included.

Seems like a really good deal to me

I'm leasing a base Nissan Sentra -ZERO down but $200 a month!!

Usually the ZERO down deals want Bank/acquisition fee up front (or if you can, have it rolled in for a higher payment)

Maybe this is a stupid question but can you take an ad like this to another dealership to negotiate another similar vehicle? I want this same deal on a Toyota RAV4! But that probably depends on the MF and RV too right?

kyfdx

Rose95 said:

Isn't the only other dealer fee the Doc Fee?
Ad says Bank fee and security deposit included.

Seems like a really good deal to me

I'm leasing a base Nissan Sentra -ZERO down but $200 a month!!

Usually the ZERO down deals want Bank/acquisition fee up front (or if you can, have it rolled in for a higher payment)

Maybe this is a stupid question but can you take an ad like this to another dealership to negotiate another similar vehicle? I want this same deal on a Toyota RAV4! But that probably depends on the MF and RV too right?

Sales tax on leases in PA is an extra 3%, so 9%-11% sales tax on the payment, depending on where you live.

That puts you close to $200/mo, assuming you qualify for all the rebates. (guessing you might run into some hiccups,there)

Dealer/DMV fees in PA are usually only about $350 total.

Go check it out, and come back with a full report!

You might get to find out how "base", a base model really is..

Rose95

Thanks for the info.

Will another dealership pay my disposition fee or am I stuck paying that if I go to another dealer besides Nissan?

Will another dealer match this type of offer for a comparable (in MSRP) vehicle? I'd like a Toyota RAV4, Honda CR-V or a Nissan Rogue Sport instead.

kyfdx

Rose95 said:

Thanks for the info.

Will another dealership pay my disposition fee or am I stuck paying that if I go to another dealer besides Nissan?

Will another dealer match this type of offer for a comparable (in MSRP) vehicle? I'd like a Toyota RAV4, Honda CR-V or a Nissan Rogue Sport instead.

If you don't get another Nissan through NMAC, you'll pay the disposition fee.

Dealers don't match prices on cars from other makes.